HexaTrades

ETHFI is consolidating within a symmetrical triangle on the 4H chart, with price tightening between descending resistance and rising support. A breakout or breakdown is likely soon. Watch for volume confirmation. Key levels to watch: $1.35 (resistance) and $1.00 (support). Breakout could lead to $1.50+, while breakdown risks a drop toward $0.95.

ETHUSDT Technical analysis updateETH price has been trading within a channel pattern for the past 30 days, with the 100 and 200 EMA acting as strong support on the 4H chart. Therefore, the likelihood of the price dropping below the 100 and 200 EMA on the 4H chart is very low. Once the price breaks above the channel resistance, we can expect a strong bullish move in ETHETHUSD

THETAUSDT has once again respected its long-term support zone, . This area has acted as a reliable demand zone multiple times in the past, leading to strong upward moves. The recent bounce from this level indicates continued buyer interest and potential for a bullish reversal.If the current momentum sustains, we could see a move toward the $2.00–$2.50 range in the coming months. As long as THETA holds above the support zone, the bias remains bullish.

SNXUSDT Technical analysis updateSNXUSDT has been trading inside a clear descending channel for the last 1700 days. Recently, the price touched the lower support of the channel and is now showing signs of a bounce. If the current momentum continues, SNX could move upward toward the upper resistance of the channel. A breakout above the upper trendline would be a strong bullish signal. Until then, the price may stay within the channel. Price could move 100%-250% in a few months.

TIAUSDT Technical analysis updateTIAUSDT has been trading within the longest descending channel. The price has once again touched the channel support and also retested the November 2023 support level or bottom. A strong bounce from this zone is likely, and we could potentially see a 100–150% move from the current level.

MANA is currently testing a long-term descending support trendline on the weekly chart. This level has acted as a reliable bounce zone multiple times in the past (highlighted with arrows).-Price is holding above a major support level (~$0.21), showing signs of demand.-Weekly RSI is forming a bullish divergence, with higher lows on RSI vs. lower lows on price — often a precursor to trend reversals.-Previous touches on this trendline have led to significant rallies.MANAUSDT 60%+ profit

BTCUSDT Technical analysis update-March 2024 resistance is now expected to act as a strong support level.-The price has touched the 0.618 Fibonacci retracement level, suggesting a potential reversal from this zone.-The 200 EMA on the 2-day chart is positioned as a strong dynamic support, reinforcing the bullish case.We can expect a bounce from the $72-75k level.BTC Perfect bounce $74k support level.BTCUSD 24%+ profit

LQTYUSDT technical analysis updateLQTYUSDT is trading at a strong support zone, where the price has touched multiple times and bounced back in the past. We can expect a similar bounce from the current support level. Additionally, in the daily chart, the RSI has dropped below 30, which is another bullish sign for LQTY.

LQTYUSDT Technical analysis updateLQTYUSDT has bounced off a strong support zone, the same level where it previously showed a strong rebound. A bullish RSI divergence is visible on the daily chart, suggesting a potential bullish move from the current levels.Buy zone : Below $0.76Stop loss : $0.625

The chart above illustrates Bitcoin’s price action alongside the Relative Strength Index (RSI) on a monthly timeframe, which helps identify overbought and oversold conditions. Historically, Bitcoin’s major bull cycle peaks in 2013, 2017, and 2021 coincided with the monthly RSI reaching between 85-95, as highlighted by the blue circles. A downward trendline connects these peaks, suggesting that each cycle has seen slightly lower RSI highs, indicating a potential long-term momentum decline.Currently, the RSI is approaching this historical resistance zone, signaling that Bitcoin may be nearing its market peak. If this trend continues, it could mark the final phase of the bull run, making it a strategic period for profit-taking. Traders should closely monitor RSI behavior, as a rejection from this level could indicate the start of a correction.Historically, a monthly RSI of 85-95 has been a strong sell signal, marking the end of Bitcoin’s bull markets. If Bitcoin follows this pattern again, a distribution phase followed by a downturn could be expected.